Global CNC Machining Center (5-axis) Market Growth 2023-2029

Global CNC Machining Center (5-axis) Market Growth 2023-2029

Five-axis machining refers to the fact that there are at least five axes (three linear coordinates and two rotational coordinates) on one machine, and can be coordinated at the same time under the control of a computer numerical control (CNC) system.

LPI (LP Information)' newest research report, the “CNC Machining Center (5-axis) Industry Forecast” looks at past sales and reviews total world CNC Machining Center (5-axis) sales in 2022, providing a comprehensive analysis by region and market sector of projected CNC Machining Center (5-axis) sales for 2023 through 2029. With CNC Machining Center (5-axis) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world CNC Machining Center (5-axis) industry.

This Insight Report provides a comprehensive analysis of the global CNC Machining Center (5-axis) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on CNC Machining Center (5-axis) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global CNC Machining Center (5-axis) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for CNC Machining Center (5-axis) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global CNC Machining Center (5-axis).

The global CNC Machining Center (5-axis) market size is projected to grow from US$ 3916.9 million in 2022 to US$ 5087.9 million in 2029; it is expected to grow at a CAGR of 5087.9 from 2023 to 2029.

The revenue of top ten manufacturers accounts about 58% of the total revenue market share in 2018. The high-end products mainly come from Japan, Europe and North America.

This report presents a comprehensive overview, market shares, and growth opportunities of CNC Machining Center (5-axis) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Vertical Machining Centers
Horizontal Machining Centers

Segmentation by application
Aerospace
Automotive
Petroleum
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
GFMS
Hermle
Alzmetall
Chiron
Mazak
Haas
Okuma
Makino
Toyoda Machinery
GROB-WERKE GmbH & Co. KG
Breton
HURON
Haco Group
CHIRON
Yong-Jin Machinery Industry
Diversification machine systems (DMS)
Kent CNC Inc
CMS North America
Kitamura
BelottiS.p.A.
Fryer Machine Systems
Thermwood
Sharp-Industries
SCM Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global CNC Machining Center (5-axis) market?

What factors are driving CNC Machining Center (5-axis) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do CNC Machining Center (5-axis) market opportunities vary by end market size?

How does CNC Machining Center (5-axis) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.